OGNBTC
Ascending Triangle / OGNUSDTOGN has formed an ascending triangle, with a support-trendline that holds from early 2021. This could be a good entry point for a potential 2x (nearly).
As for the resistance (in yellow), we can see that it was hit mid March for the first time, it held, then it was broken at the end of March. It then became a support and held in late April, then it was broken mid May. It became once again resistance and held 10 days after in late May.
In the end, we can observe how the 1.50-1.40 range is a the only well-respected price point in the entire chart. I’m expecting a rally from the current price to that target at any time in the next months.
As always, the idea might be invalidated depending on how BTC acts.
Good luck, and stay safe!
Not financial advice.
OGN - I see potential I was on Binance and OGN caught my attention.
See it already hit resistance on 4H Fib and also the middle Bollinger band but it also is on the list of top coins on Binance.
And I also checked my indicators and also the volumes and I think that after a small correction back to the support area, it can pump back and break this resistance.
Here's the plan: Open your long positions right after the first 4H candle closes above the resistance area and aim for the targets I've shown on the chart.
Current Market Price: $0.8718
Good Luck
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OGN LONG TRADE 20210616Signals: Red -> Green + Context: Green
ORIGIN PROTOCAL, OGN, OGNUSD , OGNUSDT , CRYPTO,CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
OGN at support, Buy Back News announcedOGN is bouncing from the local support and also respecting the uptrend line. OGN breakout the symmetric triangle now trading above it. Origin Protocol team has announced a buyback of $1.3 Million worth of OGN tokens. The team is continuously reducing the liquid supply of the OGN token.
Buy zone: $0.922-$0.925
Target: $1.07 - $1.19 - $1.34 - $1.47 - $1.67 - $1.84 - $1.99 - $2.25 - $2.6
OGN: Origin Protocol LONG Trade 20210530Signals: Red -> Green
OGN, Origin Protocol, OGNUSD, OGNUSDT, OGNUSDTP, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
OGN - Amazing breakout!OGN broke out the resistance channel a few days ago with an amazing strength.
Now that I'm looking there will be a good buy opportunity after the price crosses the resistance area.
Open your long positions after the first 4H candle closure above the resistance as shown on chart.
It's powerful for now, and the buy volume is very high.
Don't miss it!
NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck
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OGN/USDT : Breakout from falling wedgeBINANCE:OGNUSDT
Hello everyone 😃
OGN is breaking out the falling wedge.
There is one more 6H candle needed for OGN to hold above wedge; After a retest, It can reach higher levels in mid-term.
However BTC is not showing fine now, But it is possible to have pullback from wedge's higher line.
So generally it's bullish and but for farther confirmations, We can wait for a cross on 6H trend bullish line.
Also on BTC's pair;
It's now pulled back from daily demand zone, Currently it's facing a bullish order block which is now acted as a resistance !
We may see a retest on lower level into demand zone and the a continuation to higher levels on this chart.
🔴 BTC has reached it's broken bullish trendline and some of the asks are forming a sell wall around ~58K. So be careful of any rejection below $55850.
Hope you enjoyed our analysis about OGN's possible growth🙌
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Attention: this isn't financial advice we are just trying to help people on their own vision.
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@Helical_Trades
OGN oversold: Can comeback anytime with the next NFT waveOrigin protocol made some crucial partnerships and did some exciting things with NFT's.
Origin also has a star studded team that is continually working on the growth of the project.
TA,
Wedge breakout
wait for MACD crossover
RSI oversold
Holding level at previous swing high of $1.41
OGN - Consolidation (As you asked)OGN has been consolidating and correcting the price for a while now.
You can catch the breakout right after the confirmation. wait for the breakout, don't FOMO.
This will happen right after the first 4H candle closure above the resistance area as shown on chart.
It's not pumping or dumping for now!
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
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Origin Protocol 152% Move to $4 from DCA Zone Origin Protocol Update 07/05/21:152% Move to $4 from DCA Zone. Note on this move back up to the ATH levels we may retest the 23.60% Fibonacci once more before we starting pushing up to the upside towards our $4 price target as the current Stochastics show an oversold market but there is still some more room for some downward selling pressure. See previous Analysis below, Happy Trading :)
Update 05 / 05 /21: Origin Protocol 150% Move to $4 from DCA Zone. Since the 27th March Origin Protocol has increased in price by over 300% in this parabolic move from $0.78 to $3.36 and has since retraced down 50% to $1.62. Use Buy Zone to map out your buys. Happy Trading :)
Updated: 27/04/21
Origin Protocol 128% Move to $4 @ 127.20% Fibonacci level from Buy Zone 1. Since our Buy Script triggered a Buy Signal on the 27th March, Origin Protocol continued to rise for 13 days to an ATH of $3.36, which is just over 280% Gain. OGN has had a healthy retracement bouncing from the 38.20% Fibs from this impulsive move which saw OGN grow from $0.78 to $3.36 in just under 2 weeks. Use Buy Zone to map out your buys. Happy Trading :)